Monthly Archives: March 2018

Lehman to Pay $2.4bn to End Crisis-Era Mortgage Claims

(Bloomberg) Lehman Brothers Holdings Inc.’s bankruptcy estate will pay $2.38 billion to compensate for its role in the previous decade’s mortgage crisis, a federal judge decided, far less than the $11.4 billion some hedge funds had sought. U.S. Bankruptcy Judge […]

Hedge Funds Show Worst Performance in 15 Months?

(Finance Magnates) The latest report on hedge fund performance from industry data ?provider Hedge Fund Research, Inc showed that the more than $3 trillion asset class turned in the ?worst performance since January 2016, ending a streak of 15 ?consecutive […]

These Hedge Funds Produce the Most Consistently Great Results

(Institutional Investor) Preqin broke down which hedge funds performed best in 2017 — and which have been killing it for the last five years. Silver 8 Capital managed the highest-returning hedge fund last year, producing huge gains (770.74%) with a […]

Hedge Funds Decline in February as Sub-Strategies Diverge and Global Equities Fall

(Hedgeweek) Hedge fund performance fell in February as global equities declined, ending a streak of fifteen consecutive monthly gains for the broad-based HFRI Fund Weighted Composite Index. To read this article:

Correlation up – A Beta not Alpha World for Now

(Harvest) We follow the dispersion, volatility and correlation indices generated by Standard & Poor’s which show intra-index stock behavior over time. When the correlation across stocks within in an index is high, there is a clear sign that the market […]

Investment Adviser Settles Charges for Cheating Clients in Fraudulent Cherry-Picking Scheme

(HedgeCo.Net) The Securities and Exchange Commission has announced settled charges against an Austin, Texas-based investment adviser for defrauding his clients through a “cherry-picking” scheme. The adviser, Robert Mark Magee, who is the principal, sole owner, and sole employee of Valor […]

Hedge Fund Mojo Is Back With Investor Hopes at Six-Year High

(Bloomberg) Hedge funds on the heels of a surprisingly strong performance in 2017 are raising hopes for an encore. Investors expect their managers to return 8.5 percent in 2018, according to a Credit Suisse Group AG survey. That’s the most […]

Hedge Funds Are Placing Record Bets That Danish Stocks Will Fall

(Bloomberg) Hedge funds have placed record bets that Danish stocks are set to decline, in a development that has local investors sitting up and paying attention. Perhaps surprisingly, it’s a development that Denmark’s financial watchdog says it welcomes.

Hedge Funds Fared Better Than Stock Indexes in February’s Volatility

(Institutional Investor) Hedge fund managers finally got a taste of market volatility last month, faring better than major stock indexes despite suffering losses. Data released Wednesday by Hedge Fund Research showed that hedge funds beat the MSCI World Index and […]

China Warns of ‘Justified and Necessary Response’ to Trade War

(Bloomberg) China’s Foreign Minister Wang Yi vowed a “justified and necessary response” to any efforts to incite a trade war,…“A trade war has never been the right way to solve the problem, especially under globalization,” Wang said. Such a conflict […]

Institutional Investors Happy with Hedge Fund Returns in 2017:

(Hedgeweek) Almost three-quarters (74 per cent) of institutional investors says their hedge fund portfolios met or exceeded their return expectations during 2017, according to Credit Suisse’s Tenth Annual Global Hedge Fund Investor Survey – Great Expectations. To read this article:

$35 Billion Hedge Fund Millennium Management has Hired a Top Trader From Citi

(The Business Insider) At Millennium, Ridd’s new role will entail working on the firm’s central risk desk, according to people familiar with the matter. Central risk operations serve as internal clearinghouses of sorts for trading firms to ensure they’re buying, […]